1.053
Revenue¥B
0.503
0.534
0.576
0.618
0.653
0.697
0.734
0.793
0.838
0.895
1.092
6.50%
6.80%
11
27.12
Revenue growth%
28.17
27.87
30.30
30.00
30.94
30.24
29.62
27.38
24.96
27.06
9.82
27.38
28.89
82
23.39
Gross margin%
22.12
23.62
22.57
21.39
18.86
20.00
19.82
19.05
18.59
17.06
8.89
19.05
19.91
53
29.41
Operating margin%
4.85
5.23
2.88
4.19
4.35
2.79
1.06
1.35
3.54
1.14
9.74
1.35
3.21
60
8.76
Net margin%
5.78
6.61
8.63
9.92
8.10
6.48
5.24
3.67
2.77
4.71
20.90
4.71
6.13
39
24.03
P/E ratio (avg)x
32.87
34.17
32.81
32.22
32.44
33.93
34.85
32.09
32.48
36.03
9.957
33.93
32.84
64
30.22
EV/EBITx
24.30
27.28
27.36
33.01
39.68
44.14
44.47
44.56
50.62
54.74
30.16
44.56
41.91
36
24.54
FCF yield (avg)%
17.07
14.47
15.73
17.41
14.92
14.56
12.18
9.89
12.31
9.34
13.76
12.18
14.51
50
18.50
FCF margin%
20.94
21.57
21.73
21.31
20.93
19.22
20.29
20.84
21.37
20.12
18.85
20.29
20.93
14
0.540
FCF / Net incomex
0.115
0.108
0.106
0.106
0.100
0.095
0.090
0.084
0.092
0.097
1.119
0.092
0.098
73
21.89
ROIC%
33.26
30.27
33.25
34.67
36.45
36.02
37.00
34.84
34.56
36.48
17.88
36.02
34.76
25
26.02
Return on equity%
8.35
5.74
2.77
0.40
0.40
0.40
0.40
1.63
0.40
0.40
5.94
0.40
0.40
85
28.95
Return on assets%
8.17
10.96
12.55
9.95
8.06
9.42
7.65
7.83
7.29
7.63
6.16
7.65
8.11
68
0.83
EPS¥
2.26
2.55
2.56
2.44
2.87
3.04
3.38
3.91
4.33
4.10
0.90
7.40%
6.11%
—
21.50
EPS growth%
11.42
10.04
10.06
7.37
4.50
6.26
4.80
1.89
3.78
2.28
18.85
3.78
5.53
57
1.69
Bookvalue per sh¥
1.05
1.08
1.11
1.19
1.31
1.26
1.46
1.61
1.87
1.85
1.26
7.23%
7.17%
—
1.66
FCF per share¥
1.96
2.22
2.08
2.36
2.16
2.20
2.04
1.94
2.03
2.23
2.36
0.59%
2.54%
—
1.91
Dividend per sh¥
2.37
2.45
2.59
2.71
3.00
3.14
3.63
3.48
3.74
4.06
2.02
6.28%
5.35%
—
25.44
Div yield (avg)%
24.30
21.92
23.41
25.33
27.17
25.36
25.04
25.22
22.23
21.63
12.92
25.04
24.67
86
24.34
Payout ratio%
12.77
12.00
9.05
9.67
7.82
6.50
4.30
2.05
4.75
2.54
13.80
4.30
7.16
23
248.0
Shares (diluted)M
443.1
436.8
488.5
498.3
548.5
612.6
602.3
701.4
706.5
834.2
242.8
8.75%
8.09%
30
14.67
Buyback yield%
26.67
28.64
31.07
31.53
31.21
33.77
31.70
34.19
31.40
29.21
21.21
31.70
31.30
20
0.971
D/E ratiox
0.422
0.475
0.541
0.598
0.643
0.700
0.701
0.643
0.721
0.750
1.489
0.701
0.643
54
0.246
Enterprise value¥B
0.942
0.934
0.927
0.909
0.949
0.945
0.963
1.133
1.325
1.584
0.462
10.79%
6.26%
81
1.097
LT debt¥B
0.908
1.035
1.177
1.172
1.342
1.494
1.675
1.984
2.347
2.316
0.158
11.52%
11.08%
91
Revenue
¥894.8M
6.80%
1.00×
Cost of revenue
¥569.3M
6.85%
1.00×
Operating expenses
¥198.0M
7.17%
1.04×
Goodwill & intangibles
15.37%
Spread over hurdle
(4.78%)